I Fund and the EFA

[jfos]

I have followed the EFA Fund as it is stated that the EFA is the best Fund to watch throughout the day to determine the I Fund Performance but I have found that almost as often as not, the EFA does not indicate what the I Fund is doing. Yesterday is a good example as the EFA ended almost with no gain at all but the I Fund jumped .24 cents a share. There are also times when the EFA shows a good gain but the I fund shows a loss. Does anyone know of a better fund to watch for better indications of I Fund performance?

 

[ayla]

One way to know whether the I fund will be up or down is to check the dollar index at around 4pm (or so).
http://quotes.ino.com:801/chart/?s=NYBOT_DX
Sometimes EFA is up when I fund is down as you have pointed out but the dollar index and the I fund are always (in my experience) synchronized (in opposite directions).

I would be interested in getting better "granularity" as well. Not sure if a site with real-time quotes for the I fund (or something closer than EFA and the dollar index) exists. Let us know if you find one.

 

[Locke]

Respectfully, I suggest you read the threads in the I fund subforum before everyone repeats themselves

 

[RSoxy]

Locke, respectfully, could you be more helpful?

 

[Wheels]

I have followed the EFA Fund as it is stated that the EFA is the best Fund to watch throughout the day to determine the I Fund Performance

The EFA is in fact not a good way to gauge the I fund performance on a daily basis. If you look at the EFA over a much longer period of time it will match the I fund almost exactly.

Locke suggested reading through some other threads because the I fund has been explained thoroughly there.

http://www.tsptalk.com/mb/showthread.php?t=2551

This is a very long thread but there you will why the EFA does not match the I fund. Why the I fund does not always match the EAFE that it is supposed to track. How to estimate the performance of the I fund throughout the day. I would consider it required reading for many of the new members here who are trying to get a better grip on the I fund.

 

[Frizz B.]

This might not help, but look at my I fund remarks. The day the I fund gained 24 pts, it was a minus 11 pts on my theory. I made a remark that it was a good time to sell the I fund. That day it gained 24 points and became a plus 11 points. On Oct 28th the EFA was up, but the I fund lost 15 pts to a minus 4.

I have been calculating my formula for over a year and I find that if the differential is more than a + or - 10, you can use this in helping you decide what you want to do in the I fund.

Right now the EFA is at 21.02 although the I fund is at 21.08, so the I fund is at a -6, not the -10 points I look for, and I will say that the I fund will drop today

FrizzB.

 

[mlk_man]

Bite your tongue. There better not be no FV today...............

 

[Frizz B.]

The EFA had a good day, so the I fund will not have a down day. When I made my prediction, the EFA was up, but not as high as it was earlier in the day.

 

[350zCommTech]

Right now the EFA is at 21.02 although the I fund is at 21.08, so the I fund is at a -6, not the -10 points I look for, and I will say that the I fund will drop today

FrizzB.

You should make your predictions 15-20 mins before noon est.

 

[James48843]

The EFA. at 11:30 am eastern time or so, usually reflects pretty close to what the "I" fund will be at the TSP share price posting at 7pm. If it's up at 11:30 am., then TSP is up, if it is down at 11;30 am, then TSP is down.

There are slight variations- and there is always the "fair value" widcard which may come into play, but at least that gives you an idea of the comparison of the EFA to the I fund.